Updated 4-Unit Multifamily
820 Taylor Street NE, Washington, DC 20017
Four updated 1-bedroom plus den units with off-street parking and transferable roof warranty, with upper units currently vacant.
Type:Multi-family
Property size:
3,200 SFPrice / SF:
$281/SF- Added:
- Aug 12, 2025
- Days on Market:
- 330
- Last Refresh:
- Jun 21 at 2:10 am
Property Features for 820 Taylor Street NE
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1937
Listing office RE/MAX Realty Services
Listing date Aug 12, 2025
Source Deepcreeklake
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Realty Services
HighLights
- 4‑unit multifamily built in 1937 with four 1‑bedroom + den, 1‑bath units
- Upper two units are currently vacant and available, while the other units are rented on month‑to‑month leases
- Each unit features hardwood floors, abundant natural light, and modern finishes
- Includes ample basement storage and 4 convenient off‑street parking spaces
- Roof is well‑maintained with a transferable warranty
- Located near the Red Line Metro Station and close to Catholic University and Turkey Thicket Recreation Center
Overview
This updated 4-unit multifamily building offers four spacious 1-bedroom plus den, 1-bathroom apartments. Each unit features hardwood floors, abundant natural light, and modern finishes. Additional conveniences include ample basement storage and four off-street parking spaces. The roof is well maintained and comes with a transferable warranty. The upper two units are currently vacant and being marketed for lease.
Located in Washington, DC’s Brookland neighborhood, the property provides convenient access to the Red Line Metro Station for trips downtown. The surrounding area includes nearby universities and a range of local destinations and everyday amenities, including Catholic University, Trinity University, Turkey Thicket Recreation Center, Busboys & Poets, grocery options, and dining.
The current leasing setup includes month-to-month terms, which can support flexibility for investors or owner-occupants. With two units available now and the remaining units already in place, the property offers a practical path to stabilizing occupancy while benefiting from in-place unit finishes, parking, and building-level maintenance items like the transferable roof warranty.
Located in Washington, DC’s Brookland neighborhood, the property provides convenient access to the Red Line Metro Station for trips downtown. The surrounding area includes nearby universities and a range of local destinations and everyday amenities, including Catholic University, Trinity University, Turkey Thicket Recreation Center, Busboys & Poets, grocery options, and dining.
The current leasing setup includes month-to-month terms, which can support flexibility for investors or owner-occupants. With two units available now and the remaining units already in place, the property offers a practical path to stabilizing occupancy while benefiting from in-place unit finishes, parking, and building-level maintenance items like the transferable roof warranty.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.4k | $27.00 |
| − Vacancy | −$4.5k | −$1.40 |
| EGI | $81.9k | $25.60 |
| − OpEx | −$24.6k | −$7.68 |
| NOI | $57.3k | $17.92 |
3,200 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$819.1K
$716.7K – $955.6K
NOI $57,335 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$759.6K
$664.6K – $886.2K
NOI $53,170 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,218 @ 7.0% cap · market cap 12.80%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9938539
- Latitude
- 38.9409394
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four updated 1-bedroom plus den units with off-street parking and transferable roof warranty, with upper units currently vacant.
Where is this quadplex located?
The property is located at 820 Taylor Street NE Washington, DC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 4‑unit multifamily built in 1937 with four 1‑bedroom + den, 1‑bath units; Upper two units are currently vacant and available, while the other units are rented on month‑to‑month leases; Each unit features hardwood floors, abundant natural light, and modern finishes
